Labrador Iron Ore Royalty Corp T.LIF

Alternate Symbol(s): LIFZF

Steel Steel

Labrador Iron Ore Royalty Corporation is a Canada-based investment company. The Company holds interests in the Iron Ore Company of Canada (IOC), which is a North American producer and exporter of iron ore pellets and high-grade concentrate. The Company, through its wholly owned subsidiary, Hollinger Hanna Limited (Hollinger-Hanna), holds an approximately 15.10% equity interest in IOC. It holds an approximately 15.10% equity interest in IOC and receives approximately 7% gross overriding royalty and a 10% per ton commission on all iron ore products produced, sold, and shipped by IOC. IOC operates mine, concentrator and pellet plant at Labrador City, Newfoundland, and Labrador. The IOC mines and produces iron ore pellets and concentrates at its facilities in Labrador City, Newfoundland, and Labrador. The Company holds mining leases and mining licenses covering approximately 18,200 hectares of land near Labrador City.

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Labrador Iron Ore Royalty Corp

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Comment by Eastbankon Oct 01, 2019 5:22pm

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Post# 30184243

RE:RE:Anglo Pacific Group

Stock fell of a cliff since it went ex-dividend on the 27th despite CIBC rating of “outperform “ same day with $35 target. Royal’s reduced target of $27 today sure didn’t help matters in a risk off market. Trade wars believed to be the underlying factor depressing global economies and commodities. Would seem an opportune time for Anglo Pacific to jump in at these levels.

Bullboard Posts

@ the Bell: TSX advances to start off Christmas trading week